Multiple Choice
Which of the following is FALSE about intraindustry trade?
A) Intraindustry trade creates gains from trade.
B) Intraindustry trade is due to comparative advantage.
C) Intraindustry trade may involve heightened competition and lower prices for consumers.
D) Intraindustry trade increases consumer choice.
Correct Answer:
Verified
Correct Answer:
Verified
Q58: Which of the following is NOT a
Q59: Explain why industrial policies are controversial.
Q60: Industrial policies have not been effective in
Q61: Which of the following is a reason
Q62: Most foreign investment is today is directed
Q63: If social returns to the production of
Q64: Concentration of industries can lead to external
Q66: If countries have similar factor endowments and
Q67: One problem with industrial policies is that<br>A)R&D
Q68: Comparative advantage cannot account for a significant